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Cyber Threats Surge in India’s Financial Sector

Fintech News

The surge of deepfakes The rise of AI has also led to a surge in deepfake attacks. The technology is enabling large scale impersonation scams, including executive-level business email compromise (BEC) attacks and misinformation campaigns. Losses are projected to reach INR 700 billion (US$8.3 billion) in 2024 alone.

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